PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says. The process of reconciling and matching invoices, when done manually, can be a time-consuming process for businesses, the release says.

Invoicing 52

Invoicing Accounts Payable Reconciliations Healthcare 52

PYMNTS

SEPTEMBER 29, 2020

These legacy methods often reduce the speeds at which firms deliver invoices and follow up on overdue payments, as they are less efficient for prioritizing collections. The pandemic is also prompting a significant share of firms to change their payment terms and credit limits as well as adopt digital invoicing and payment methods.

Accounting 121

Accounting B2B Invoicing Prioritization 121

Bramasol

JANUARY 28, 2025

Automation of routine tasks like invoice matching and exception handling. Industry-specific AI models for sectors like retail, manufacturing, telco, and healthcare. Key features and benefits of embedding AI in SAP S/4HANA Cloud include: Automatically condensing lengthy reports or datasets into key takeaways.

SAP 78

SAP Data Analysis Leverage Manufacturing 78

PYMNTS

MARCH 15, 2019

Barclays said this week that as many as one in seven small businesses (SMBs) have been victimized by invoice fraud within the past 12 months. The report found that the scams may have been prevented with a bit of additional effort, as Barclays noted that only 25 percent of SMB employees double-checked the invoices with others at the firm.

Invoicing 52

Invoicing Profit and Loss Healthcare Accounting 52

PYMNTS

OCTOBER 23, 2020

We have deep dives on Apple Pay, cross-border invoices and J.P. Firms are more and more automating inputting invoices, printing paper checks and other past manual work to survive as staffers telecommute. . Report: Overcoming Cross-Border Invoice Complexities. Morgan Chase’s QuickAccept. Tracker and Reports.

Invoicing 59

Invoicing Healthcare Currencies Forecasting 59

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

Invoicing 48

Invoicing Reconciliations Currencies Education 48

PYMNTS

OCTOBER 22, 2019

Accounts payable technology company AvidXchange is targeting the healthcare industry with payments and invoicing offerings. AvidXchange is broadening access of its AvidPay and AvidInvoice tools to the long-term healthcare and social services markets, the company said in a press release on Monday (Oct.

Healthcare 40

Healthcare Accounts Payable Invoicing Auditing 40

PYMNTS

JUNE 3, 2020

The COVID-19 pandemic has created immediate, large-scale problems that healthcare providers must quickly solve to keep from being overwhelmed. Healthcare providers are still using old-fashioned systems that stash electronic health records (EHRs), patient data and medical coding information on servers in physical offices.

Healthcare 52

Healthcare Startups Technology Securities 52

Bramasol

SEPTEMBER 27, 2024

These platforms can provide pharmaceutical companies, healthcare providers, and researchers with valuable insights into patient populations, treatment efficacy, and market trends. Telemedicine Services: Life sciences companies are partnering with telemedicine providers to offer subscription-based access to virtual healthcare services.

SAP 94

SAP Healthcare Compliance Pharmaceutical 94

PYMNTS

AUGUST 17, 2020

9 in 10 of ASX 100 companies were found to have lapsed security strategies that allow for email spoofing and invoice scams , a new report from Agari said. 5 billion in unreported debts have been disclosed by NMC Health and Finablr as part of an ongoing investigation into the UAE’s largest private healthcare provider.

Invoicing 94

Invoicing Accounts Payable Pharmaceutical Healthcare 94

PYMNTS

DECEMBER 23, 2020

Healthcare providers face uniquely complex payment flows. Firms in other sectors often provide goods and services to clients, then submit invoices and receive payments, but health clinics and hospitals go through less-straightforward approaches to obtaining compensation. A Digital Cur e For Healthcare’s AR, AP Ailments.

Healthcare 80

Healthcare Accounts Payable B2B Accounting 80

PYMNTS

APRIL 22, 2019

Digital payments entity and eCommerce platform Infibeam Avenues and blockchain startup Primechain Technologies have announced a partnership to implement a cross-border blockchain invoicing platform for the $12 trillion global trade finance market.

Invoicing 43

Invoicing Finance Pharmaceutical Auditing 43

PYMNTS

SEPTEMBER 13, 2017

In Europe, for instance, the region is preparing for the rollout of a new directive which could challenge how medical providers process invoices. For more recent notable news around the B2B API payments space, check out the September edition of the Tracker.

Banking 76

Banking B2B Invoicing Healthcare 76

PYMNTS

OCTOBER 31, 2017

The beauty of paying with a check is, typically, the check is accompanied with the invoice, and all the information is there in front of you,” he recently told PYMNTS. You have the invoice, the check, the bank information — everything is there.”. There’s a big issue about connecting an electronic payment to an invoice,” he added.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41

PYMNTS

AUGUST 10, 2020

14 days is the typical payment term for Tesco Ireland suppliers, but the grocery chain has reportedly vowed to pay select small vendors immediately upon receiving an invoice, reports in European Supermarket Magazine said. Others have initiated legal action against the healthcare system. ”

Healthcare 61

Healthcare B2B Invoicing Advertising 61

PYMNTS

DECEMBER 21, 2020

The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending. That was followed on Dec.

B2B 79

B2B Healthcare Investments Credit Risk 79

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. healthcare providers and insurers nearly $300 billion annually. It has been estimated that wasteful billing practices cost U.S.

Banking 67

Banking Healthcare Invoicing B2B 67

PYMNTS

DECEMBER 6, 2020

Procurement Partners , which works on procure-to-pay (P2P) services for healthcare providers, has received an investment from Serent Capital , according to a press release. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Investments 60

Investments Healthcare Compliance Auditing 60

PYMNTS

MAY 13, 2020

Preserving trade flows of particular importance in the healthcare sector today, with cross-border B2B payments essential to this effort. to China within only a few hours in order to secure a PPE shipment for healthcare providers. Paving Way For Faster B2B Payments.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

AUGUST 7, 2017

Government mandates have led jurisdictions like Latin America to become heavy adopters of electronic invoicing while other markets, like the U.S., Global Healthcare Exchange , also known as GHX, recently announced news of a service for healthcare suppliers to be able to issue compliant eInvoices to European countries.

Healthcare 43

Healthcare Invoicing Compliance B2B 43

PYMNTS

DECEMBER 31, 2020

InstaMed CEO: From Telemedicine To ePayments, Healthcare Embraces A Digitization Boom. While other organizations struggled with shutdowns and work-from-home mandates, many healthcare providers had their hands full saving lives on the front lines and were unable to take on other projects.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

SEPTEMBER 14, 2018

More presence in the healthcare supply chain, as Amazon also expands into retail healthcare. Amazon Business now also offers pay by invoice , similar to how Grainger operates payments. Amazon, for instance, continues to boast about expanding its B2B commerce to countries outside the United States. Also in its sights?

B2B 70

B2B Healthcare eCommerce Manufacturing 70

PYMNTS

OCTOBER 23, 2018

The general pitch to make medical billing more digital is this: As people live longer, which can drive up healthcare costs, digitalization can help bring down expenses and lead to better care via more access to data and coordination among various medical professionals, along with other features, according to analysts. Payments Boost.

Healthcare 69

Healthcare Compliance Communication Securities 69

PYMNTS

JULY 3, 2019

Cash flow is a fickle beast for any organization, but in the healthcare sector, bottlenecks and friction points are aplenty thanks to issues like late patient payments, insurance payouts and negotiations, and refunds. Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous.

Accounts Payable 46

Accounts Payable Healthcare Invoicing Compliance 46

PYMNTS

DECEMBER 11, 2020

Procurement Partners , a procure-to-pay technology provider designed for the healthcare industry, did not disclose how much it raised from Serent Capital when it announced the growth investment. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities.

B2B 77

B2B eCommerce Banking Healthcare 77

PYMNTS

APRIL 24, 2020

” Some firms, particularly those in the healthcare, manufacturing, education, technology and construction arenas, are experiencing an uptick in expense volume on the Webexpenses portal, he noted. “The other thing to keep in mind is that travel makes up a component of expenses, but not all of them,” continued Reynolds.

Invoicing 82

Invoicing Construction Healthcare Technology 82

PYMNTS

AUGUST 19, 2019

The data was based on expense report, contract and invoice audit data from billions of transactions across hundreds of enterprise customers from April 1, 2019, through June 30, 2019, AppZen said. Similarly, about 4 percent of invoices are flagged as high risk. The employee was paid out, and so was the invoice.

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

Global Finance

OCTOBER 31, 2024

These were given to SMEs working in multiple sectors: tourism, construction, commerce, education, healthcare, social services, industry, agriculture, and livestock, among others. In its 2024 iteration, the Banreservas loan-fair program disbursed 5,800 loans, totaling about $238.5

Banking 52

Banking Finance Construction Foreign Exchange 52

PYMNTS

SEPTEMBER 21, 2018

That includes payment solutions provider MarketInvoice , which collects funds from the buyer within 24 hours of the invoice confirmation. Another company working to help protect companies from the potentially harmful effects of late and non-payments is invoice solutions provider POM. Deep Dive: Global Receivables Platforms.

Invoicing 46

Invoicing Education Reconciliations Healthcare 46

PYMNTS

MARCH 14, 2017

POS terminals are used by merchants in retail, warehouse, healthcare, entertainment and hospitality sectors, with retail POS terminals attributing to more than 30 percent of the overall share in 2015.

Retail 65

Retail Marketing Entertainment Healthcare 65

PYMNTS

SEPTEMBER 18, 2020

The startup, based in Utah, said it plans to focus on its next phase of growth, with plans to push deeper into particular industries including the insurance, healthcare and human resources arenas. million for the Brazilian company, which offers businesses an accounts receivable (AR) and invoicing technology.

B2B 90

B2B Startups Investments Healthcare 90

PYMNTS

JULY 2, 2020

Firms might already be using their cards for corporate travel spend or micropayments, but may rarely use the payment tool to settle supplier invoices. ” The healthcare industry is one area where these conversations are happening more frequently. . “We’re seeing a lot more of that mentality.”

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

APRIL 4, 2019

To that end, H-Source seeks to address inefficiencies tied to the healthcare supply chain. And with blockchain , he said, distributed ledger technology has the potential to streamline the supply chain by allowing hospitals to purchase “directly from manufacturers, removing cost layers from the healthcare supply chain.

Healthcare 55

Healthcare Invoicing Manufacturing Technology 55

PYMNTS

DECEMBER 7, 2020

Procurement Partners , which works on procure-to-pay services for healthcare providers, has received an investment from Serent Capital , according to a press release. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

B2B 63

B2B Finance Practice Management Invoicing 63

Bramasol

JULY 14, 2022

The report also sees a "trend of data fabric initiatives across all industries — including financial services, retail, healthcare, manufacturing, oil and gas, and energy — as organizations continue executing their digital transformation initiatives.".

SAP 84

SAP Compliance Leadership Healthcare 84

PYMNTS

OCTOBER 1, 2018

Electronic invoices help matters, stated the companies, as they are able to get paid faster. Late Payments Hit Healthcare, Too. In terms of the data, as many as 44 out of 135 acute trusts pay fewer than half of invoices within 30 days — as measured over a period stretching from 2017 to 2018. percent the year before.

B2B 49

B2B Invoicing Healthcare Credit Risk 49

PYMNTS

SEPTEMBER 24, 2018

He noted that 63 percent of organizations report duplicate invoices, and that in addition to inefficiencies tied to paper-based processes, as many as 15 employees are “tied up” by dealing with invoices. The new measures, as detailed in papers seen by HSJ , eliminated “pull forward” mechanisms that paid invoices a week early.

Invoicing 48

Invoicing Construction Auditing Healthcare 48